PP: A new revelation of NIH greed and secrecy is really disgusting, yet sadly not shocking. With corruption now so deeply entrenched at all levels of life and government, new revelations of gross and corrupt behavior have lost their ability to shock. Today’s Tale of Corruption comes to us courtesy of Open The Books, a U.S. non-profit advocacy agency dedicated to tracking government expenditures. After being forced by the NIH to file a federal suit, Open The Books was able to determine that the NIH received over $350 million in kick-backs from pharma companies over the years. So, the model, such as it is, is that Fauci and the NIH distribute some $30 billion of taxpayer money to Big Pharma and then receive hundreds of millions from for-profit companies that then license some of the findings resulting from that money. And this is only the NIH. Presumably, university researchers similarly benefit from patent royalties developed using funds provided by U.S. taxpayers.
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